... this context. In addition to a strictly bilateral dialogue on energy cooperation matters, a “green dialogue” is also important from the perspective of transforming the geopolitical situation for both sides.
New Geopolitics of the EU’s “Green Energy”
Natalia Piskulova:
The European Green Deal: Risks and Opportunities for the EU and Russia
Energy transition entails a number of major geopolitical challenges, requiring a transformation of the EU strategy for collaboration with regions and nations, certainly including Russia, which ...
... transition” as an opportunity to embark on another stage of international expansion for its technological leaders and, unlike many other EU states, is not inclined to politicize economic cooperation
Russia has put forward various assessments of the European Green Deal approved by the European Union in 2019, marking the intensive stage of energy transition. Some experts prefer to stress that developing green energy in the EU is another step in putting an end to energy dependence on Russia and the unstable states of the Middle East as well as a way to build up the EU’s competitive edge ...
... Willershausen, Member of the Management Board, CREON Group; Anastasiia Lavrenteva, Managing Director at Gazprombank; Alexey Spirin, Director of the Environmental and Climate Risk Management Department of En+ Group; and Ernesto Ferlenghi, Chairman of the Energy Committee, Chair of the Green Initiative Steering Committee of the Association of European Businesses; spoke about the vision of the business community on the prospects and challenges of interaction between Russia and the EU in the ecology sphere,...
... might reach
14%
by 2050. Gazprom
estimates Europe’s hydrogen market
at $153bn as of 2050, while the Ministry of Energy suggests it will amount to $32–164bn. The Hydrogen Strategy approved by the European Commission in 2020 as part of the European Green Deal encourages the development of hydrogen energy. In Russia, it may be driven by the Strategy for Hydrogen Energy Development, which is currently being drafted. This strategy provides for collaboration with other states, including the EU.
Plans
for 2021 include presenting incentive measures ...
... this opens up prospects in the EU energy market and access to technologies for waste processing and production of renewable energy sources. For the European Union and companies from the EU countries, this is an opportunity to import products that meet ... ... environmental standards.
However, the opaque situation regarding the European Border Carbon Mechanism (CBAM) in the background of the EU Green Deal raises a number of questions from government institutions and business representatives on both sides. What are the ...
... transit via the Ukrainian gas pipeline system were launched in May 2014. In 2019, the participants reached a new five-year transit agreement.
“Green” challenges and economic cooperation opportunities
In December 2019, the EU adopted the
European Green Deal
, a strategy determining the parameters for transitioning to a new energy paradigm by 2050. This paradigm will largely inform the way the EU will interact with Russia in the coming decades. In 2020, the European Commission adopted additional documents setting forth specific directions of the new course in industrial ...
